The Small Business Administration (SBA) appears to be making good on guidance announced in April and May 2020, that it would be reviewing on a more detailed basis all Paycheck Protection Program (PPP) loans in excess of $2 million. On October 26, 2020, the SBA quietly revealed in the Federal Register its proposal to use a new Form 3509 (Loan Necessity Questionnaire for For-Profit Borrowers) and a new Form 3510 (Loan Necessity Questionnaire for Non-Profit Borrowers) to scrutinize these larger PPP loans, and sought a thirty (30) day comment period. The SBA has not officially published ...
The Public Service Commission of West Virginia (PSC) granted a solar siting certificate to Raleigh Solar I, LLC, for a $90 million, 90-megawatt solar farm in Raleigh County on October 5, 2020. The PSC’s order is the culmination of steps taken by the Legislature and the PSC to make West Virginia a competitively attractive location for utility-scale solar development.
During the 2020 Legislative Session, Mike Graney, the Executive Director of the West Virginia Development Office, testified to the State Senate that the inability of companies to fuel plants with solar power in the ...